Norwood Financial director granted company shares
Norwood Financial Corp director Kevin M. Lamont reported multiple stock awards under the company’s equity plans.
Rhea-AI Filing Summary
Norwood Financial Corp director Kevin M. Lamont reported multiple stock awards under the company’s equity plans. On February 11, 2026, he acquired 43 shares of common stock at $31.62 per share as a grant, bringing his direct holdings to 135,824 shares.
Earlier director retainer grants included 123, 117, 116 and 105 shares at prices between $24.33 and $28.42. The filing also lists indirect holdings, including 463 shares held by his spouse and several blocks of restricted stock that vest in installments beginning between December 2022 and December 2026, conditioned on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 504 shares
Grant/Award
12 txns
Insider
LAMONT KEVIN M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43 | $31.62 | $1K |
| Grant/Award | Common Stock | 105 | $28.42 | $3K |
| Grant/Award | Common Stock | 116 | $25.84 | $3K |
| Grant/Award | Common Stock | 117 | $25.60 | $3K |
| Grant/Award | Common Stock | 123 | $24.33 | $3K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 135,824 shares (Direct);
Common Stock — 463 shares (Indirect, Spouse);
Common Stock — 2,197 shares (Indirect, Restricted Stock)
Footnotes (6)
- F1. Director Retainer Shares issued under the 2024 Equity Incentive Plan.
- F2. Award vests in five equal installments beginning on December 14, 2022 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- F3. Award vests in five equal installments beginning on December 13, 2023 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- F4. Award vests in five equal installments beginning on December 12, 2024 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- F5. Award vests in three equal installments beginning on December 15, 2025 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
- F6. Award vests in three equal installments beginning on December 15, 2026 and annually thereafter during such periods of continued service as an Employee, Outside Director or Director Emeritus, as applicable.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Kevin M. Lamont report for Norwood Financial (NWFL)?
Kevin M. Lamont reported receiving stock awards in Norwood Financial common shares. On February 11, 2026, he was granted 43 shares at $31.62, increasing his direct ownership to 135,824 shares, as part of his compensation as a director under the company’s equity plans.
Were Kevin M. Lamont’s Norwood Financial (NWFL) transactions open-market purchases or awards?
The reported Norwood Financial transactions are stock awards, not open-market purchases. They are coded as acquisitions (A) and described as director retainer shares and restricted stock issued under equity incentive plans, vesting over several years subject to Lamont’s continued service with the company.
What prices were used for Kevin M. Lamont’s Norwood Financial (NWFL) stock awards?
Lamont’s reported stock awards were valued at several grant prices. Key awards include 123 shares at $24.33, 117 shares at $25.60, 116 shares at $25.84, 105 shares at $28.42, and 43 shares at $31.62, showing progressively higher grant prices over the reporting periods.
Does Kevin M. Lamont have indirect or restricted stock holdings in Norwood Financial (NWFL)?
Yes. The filing lists 463 Norwood Financial shares held by his spouse and several restricted stock positions held indirectly. These restricted awards, in blocks such as 40, 280, 420, 550, 82 and 825 shares, vest in installments beginning between December 2022 and December 2026.
How do Kevin M. Lamont’s Norwood Financial (NWFL) restricted stock awards vest over time?
Lamont’s restricted stock awards vest in equal installments over three or five years. Vesting begins on specific dates—December 14, 2022; December 13, 2023; December 12, 2024; December 15, 2025; and December 15, 2026—and continues annually, contingent on his ongoing service with the company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
